Souki is one of the luckiest businessmen I know. When the US was still touted to become the mother of all LNG import markets, he was the first to develop a new LNG import terminal. He had an old Volvo and a ton of grit. Then shale killed US LNG imports and it looked like it killed Soukis LNG terminal with it but Souki quickly turned on his heel and made an import terminal into an export terminal. It looked all bad and then Fukushima hit. Souki was a star again. then he created his own outfit Tellurian which never really looked good until the war struck. The man is clearly lucky.
Two years ago, the American liquified natural gas (LNG) company Tellurian was in free fall: Its stock price collapsed, it laid off 40 percent of its staff, and suspended a key project in Louisiana.